{"id":295640,"date":"2019-10-10T11:44:57","date_gmt":"2019-10-10T06:14:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295640"},"modified":"2019-10-10T11:44:57","modified_gmt":"2019-10-10T06:14:57","slug":"oil-rises-on-signs-of-warming-us-china-tensions-military-action-in-syria","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-on-signs-of-warming-us-china-tensions-military-action-in-syria\/","title":{"rendered":"Oil rises on signs of warming US-China tensions, military action in Syria"},"content":{"rendered":"<p>NEW YORK: Oil prices rose on Wednesday following media reports that China was open to a partial trade deal with the United States and after Turkey launched a military operation in northern Syria, but a build in U.S. crude inventories limited gains.<\/p>\n<p>Brent crude was up 32 cents at $58.56 a barrel by 11:04 a.m. EDT (1504 GMT), and U.S. West Texas Intermediate crude was at $52.98, up 35 cents.<\/p>\n<p>U.S. crude stocks grew more than expected last week, rising by 2.9 million barrels, compared with analysts&#8217; expectations for an increase of 1.4 million barrels, the Energy Information Administration said.<\/p>\n<p>&#8220;We saw a larger-than-expected build in part by two things: refining utilization rates fell once again &#8211; some of the maintenance we&#8217;ve been hearing about over the past week is continuing to have an impact,&#8221; said Tony Headrick, energy market analyst at CHS Hedging. &#8220;Additionally, total crude oil production rose.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: Oil prices rose on Wednesday following media reports that China was open to a partial trade deal with the United States and after Turkey launched a military operation in northern Syria, but a build in U.S. crude inventories limited gains. Brent crude was up 32 cents at $58.56 a barrel by 11:04 a.m. EDT (1504 GMT), and U.S. West Texas Intermediate crude was at $52.98, up 35 cents. U.S. crude stocks grew more than expected last week, rising by 2.9 million barrels, compared with analysts&#8217; expectations for an increase of 1.4 million barrels, the Energy Information Administration said. [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-295640","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295640"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295640\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}